A 20-year business aircraft market forecast released by Bombardier at EBACE yesterday predicts a return to sustained growth. According to the report, some 24,000 business jets, not including very light jets, worth approximately $626 billion will be delivered from 2011 to 2030. In the first half of the forecast period, 10,000 deliveries worth $260 billion are anticipated, and 14,000 deliveries worth $366 billion are expected from 2021 to 2030.
Bombardier has appointed two new aircraft-on-ground line maintenance facilities (AOG LMF), one to serve the Middle East and the other Australia. In Amman, Jordan, Arab Wings now has AOG LMF status for the Challenger 604 and 605 aircraft. AVWest in western Australia will cover both of these types, too, as well as the Global Express family.
VistaJet put itself back in full-blown growth mode yesterday, placing a major order with Bombardier for 18 jets in a move that will take its fleet to more than 50 aircraft. The $383 million deal signed here at EBACE includes 12 Globals and Challengers and six Learjet 60 XRs. Deliveries should begin next year.
Swiss operator VistaJet today at EBACE announced a firm order for 18 Bombardier business jets, which will bring its fleet to more than 50 aircraft. The order, valued at $383 million, includes 12 Globals and Challengers and six Learjet 60 XRs. Deliveries should begin next year. Thomas Flohr, founder, owner and chairman of VistaJet, said his company’s current order backlog is valued at $1.3 billion.
German operator Vibro-Air (Stand 843) recently added a Cessna Citation CJ3 to its charter fleet. The company now operates an Embraer Legacy 600, two Hawker Beechcraft Premier Is and an IAI Astra SP from Dusseldorf International Airport. It plans to add two Embraer Phenom 300s and a Legacy 500 (scheduled for certification in 2012). Vibro-Air CEO Ammr Shaladi said the company is also expanding its aircraft management division.
Prague-based executive jet operator Grossmann Jet Service is to base a six-seat Cessna Citation II in Cannes, France, from early July. This marks the first foray out of the Central and Eastern European (CEE) region for the charter and aircraft management company.
Bombardier has selected four additional suppliers for the new Global 7000 and 8000 business jets. The companies join General Electric Aviation, which will provide the integrated propulsion system to the aircraft.
First, France’s Aerolia will design and manufacture the center fuselage. The contract is the first major external order win for the EADS subsidiary.
Global Jet Concept is cautious when asked whether the market for aircraft charter and management is yet in a state of full-blown recovery. But maybe its actions speak louder than words since it has just made the investment to move into new, larger premises here in Geneva.
Light jets are losing market share in Europe, falling from 32 percent of the continent’s charter market in 2008 to 26 percent last year. However, according to Magnus Henriksson, business manager with online charter portal Avinode, there are exceptions to this trend. Most notable among these is Cessna’s Citation Mustang, which went from being European customers’ 10th most popular model in 2009 to the number-three position last year.
More than a month before release of the FY2010/11 financial results by parent company Bombardier, Inc., Bombardier Aerospace released business jet delivery numbers for FY2010/11, and despite an “especially strong” fourth quarter, deliveries for the fiscal year were down, to 143 from 176 in FY2009/10.